aa on Nostr: I know you mean well but this BSR thing is overhyped and subject to catastrophizing ...
I know you mean well but this BSR thing is overhyped and subject to catastrophizing at the same time. The USG is fiscally incontinent, and the idea that it will somehow accumulate any significant amount of bitcoin is laughable. Plus, the chances that the Deep State will allow Trump to sabotage the Fed and its wards on Wall Street is fantastical. They will continue making the printer go brrrrr until the whole thing explodes, and then insiders will loot the little bitcoin that may have confiscated. In the meantime, any attempt to influence the protocol has zero chance to do anything. The real threat from the state is what you have been focusing on all this time: attacks on privacy and absurd prosecutions of bitcoin builders and users.
Published at
2024-12-18 04:46:33Event JSON
{
"id": "831496be5db9109d5aac8c95480fbbc7939dbd7eabfdeb27be72a879f29224b0",
"pubkey": "390b5334739c171d82c84fe7c853462d7607537187f2a0695ede3b297a5b988c",
"created_at": 1734497193,
"kind": 1,
"tags": [
[
"e",
"67d56ba3b8b53737670c3de94fed2239adf7f50018472882be06d79de83dd248",
"",
"root"
],
[
"p",
"d8a6ecf0c396eaa8f79a4497fe9b77dc977633451f3ca5c634e208659116647b"
]
],
"content": "I know you mean well but this BSR thing is overhyped and subject to catastrophizing at the same time. The USG is fiscally incontinent, and the idea that it will somehow accumulate any significant amount of bitcoin is laughable. Plus, the chances that the Deep State will allow Trump to sabotage the Fed and its wards on Wall Street is fantastical. They will continue making the printer go brrrrr until the whole thing explodes, and then insiders will loot the little bitcoin that may have confiscated. In the meantime, any attempt to influence the protocol has zero chance to do anything. The real threat from the state is what you have been focusing on all this time: attacks on privacy and absurd prosecutions of bitcoin builders and users. ",
"sig": "393a57a030bf20c252849458ec2bfa4b7894cb756b93f65e5f0382c973d2ef5d576ee73850cbbc40e61a3c03611e57e0bc38a7e827f7ffd39a1ceae2bd862eff"
}
